DOCSLIB.ORG

Onesubsea Overview One Comprehensive Resource for Integrated Subsea Solutions Content

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Onesubsea Overview One Comprehensive Resource for Integrated Subsea Solutions Content OneSubsea Overview One comprehensive resource for integrated subsea solutions Content Introduction � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3 Integrated solutions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 4 Production systems � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 6 Processing systems � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 8 Control systems � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 10 Swivel and marine systems � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 12 Services � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 14 Project management � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 16 OneSubsea locations � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 17 Related products and services � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 18 Alliances � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 19 Project highlights � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 20 Jack and St� Malo fields case study � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 21 Capital-efficient subsea solutions � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 22 2 OneSubsea delivers integrated solutions, products, systems, and services to the subsea oil and gas market, offering a step change in reservoir recovery through the integration and optimization of the entire production system over the life of the field. Our unique pore to process approach leverages flow control expertise, process technologies, and world-class manufacturing capabilities along with Schlumberger petrotechnical reservoir expertise and R&D capabilities. As a result, you achieve end-to-end solutions, from reservoir to surface, tailored to their field, application, and objectives. 3 Integrated Solutions OneSubsea integrated solutions deliver expertise and technologies to optimize the entire production system. Our capabilities extend from the reservoir pore space to the surface, including the well completion and subsea production system. This unique combination of skills helps to ensure the most adaptable to deliver enhanced productivity, reliability, and integrity of your solution to improve performance throughout the changing reservoir and subsea developments production conditions over the full life of the field, increasing production ■ collaboration through early engineering engagement (EEE) to design and enhancing recovery� Current offerings include high-efficiency production systems to reduce risk and ensure timely ■ petrotechnical services that combine our reservoir and wellbore project execution technology knowledge with industry-leading subsea technologies ■ flow assurance consulting to manage the inherent changes of the reservoir and production system conditions over the life of the field� 4 Petrotechnical services Effectively producing oil and gas reservoirs requires strong competencies in and coordination of all related geosciences and engineering disciplines� OneSubsea petrotechnical services offer a multidisciplinary, collaborative, and integrated approach for reservoir characterization and production solutions over the life of the field� Our well-connected team of leading technical experts has a deep understanding of the reservoir and the competencies to predict well and field production over time� The offerings include productivity analysis, history matching and reservoir simulations, geomechanics studies, and field development planning� Our unique reservoir and production systems approach includes both the well and the complete subsea processing plant� Through close collaboration, we can achieve significant improvements in the performance of subsea development assets� Early engineering engagement In OneSubsea EEE services, highly skilled industry experts work in partnership with you from the beginning stages of the project life cycle� Our objective for EEE is to align your strategic targets and the project execution plans using front-end engineering and design (FEED) studies, state-of-the-art 3D modeling, systems engineering, and life-of-field support� From pre-FEED through the full life of the field, the EEE team offers a suite of services to help optimize field development solutions prior to project execution� By addressing these issues early, you reduce capex, opex, and cycle time; reduce project risks; preclude costly redesign efforts; and, most importantly, ensure timely system delivery for first oil production� Flow assurance consulting Flow assurance (FA) is the science and engineering of predicting and managing production behavior as fluids move from the reservoir to the market through the changing environment of the reservoir and production systems� Changes in production are rarely avoidable because oil and gas fields mature and decline� Solids may form in wells and flowlines, gas or water cut may increase, and reservoir pressure may fall� The OneSubsea flow assurance consulting team focuses on the entire fluid journey from the reservoir pore space to the topside facilities and from exploration to abandonment� Optimal FA design and operations require a detailed understanding of the fluid, reservoir, well, pipeline gathering system, surface facilities, and surrounding environmental conditions� Based on our in-depth knowledge of multiphase fluid flow dynamics and all related technical disciplines, our FA offerings comprise fluid chemistry and processing, production engineering, surveillance, and operations� Our unique and fully integrated approach focuses on the design and operational changes of the entire subsea production system, which helps to optimize production and enhance ultimate recovery� 5 Production Systems OneSubsea trees, manifolds, connection systems, and wellheads offer fully integrated subsea production systems solutions, incorporating a blend of advanced field-proven technologies and products from Schlumberger and Cameron. These industry-trusted and proven products, combined with decades of experience and engineering innovation, have helped to ensure that the OneSubsea product range provides technically and functionally superior field development solutions� From wellheads, trees, manifolds, and flowline connectors to production controls and workover systems, OneSubsea is here as your one source to provide the best solution for any challenge� 6 Trees OneSubsea vertical and horizontal trees are built and installed with proven technology based on extensive subsea experience and years of testing under some of the most demanding conditions� Our trees provide reliable operations in all environments, including shallow water, deep water, and ultradeep water� OneSubsea trees have the flexibility and durability to meet specific job requirements with minimal customization� The monitoring and feedback capabilities of OneSubsea trees reduce operator risk and provide data and communication for operations management� Manifolds Our manifolds are designed and developed based on more than four decades of applied subsea experience� With a wide selection of manifold types installed in virtually every water depth and rated for pressure up to 15,000 psi, OneSubsea manifolds are available in all material classes� Our portfolio includes manifold styles for production, water injection, and water-alternating-gas operations, and they can be configured for both pipeline end manifolds and pipeline end terminations� Fabricated and manufactured using local facilities, OneSubsea manifolds can have a pile or mud mat foundation and can tie in up to eight wells� MARS system The OneSubsea MARS* multiple application reinjection system serves as a universal interface for all trees (topside and subsea), enabling processing equipment to be installed between the existing isolation barriers, thus eliminating the need for high-risk and costly intervention� The MARS system provides flexibility and choice for production optimization in new and existing fields, enabling low- cost, low-risk intervention and wellhead processing� Connection systems Our connection systems reflect more than 50 combined years of experience, engineering, R&D, and technological innovation� We offer both collet- and clamp-style connections to ensure that there is a connection solution
Load more

Recommended publications
  • Wellcap® IADC WELL CONTROL ACCREDITATION PROGRAM WELL SERVICING OPERATIONS – SNUBBING CORE CURRICULUM and RELATED JOB SKILLS
    WellCAP® IADC WELL CONTROL ACCREDITATION PROGRAM WELL SERVICING OPERATIONS – SNUBBING CORE CURRICULUM AND RELATED JOB SKILLS FORM WCT-2SS SUPERVISORY LEVEL The purpose of the core curriculum is to identify a body of knowledge and a set of job skills that can be used to provide well control skills for well servicing operations. The curriculum is divided into three certification types: Coiled Tubing, Snubbing, and Wireline (Wireline is presented in document WCT – 2WSW) and within each certification, three levels: Introductory, Fundamental, and Supervisory. Students may complete an individual certification (e.g., Coiled Tubing) or combination certifications (e.g., Coiled Tubing and Snubbing). All knowledge and skills for each individual certification must be addressed when combining certifications. The suggested target students for each core curriculum level are as follows: INTRODUCTORY: New Hires (May also be appropriate for non-technical personnel) FUNDAMENTAL: Helpers, Assistants, “Hands” involved with the operational aspects of the unit and who may act/operate the unit under direct supervision of a certified Unit Operator or Supervisor. SUPERVISORY: Unit Operators, Supervisors, Superintendents, and Project Foreman Upon completion of a well control training course based on curriculum guidelines, the student should be able to perform the job skills in italics identified by a "!" mark (e.g., ! Identify causes of kicks). Form WCT-2SS WellCAP Curriculum Guidelines – Well Servicing - Snubbing Revision 040416 Supervisory Page 1 CORE CURRICULUM
    [Show full text]
  • BP Executive: True Test of Downturn Will Come During Recovery
    2016.otcnet.org Tuesday, May 3 | Houston, Texas | THE OFFICIAL 2016 OFFSHORE TECHNOLOGY CONFERENCE NEWSPAPER | DAY 2 BP Executive: True Test Fiery Ice of Downturn Will Come Takes Center During Recovery Stage n Leading experts to discuss advances n Energy demand is expected to increase by one-third by 2035, but oil and gas in E&P testing of gas hydrates during companies need to start looking at hydrocarbons as products to streamline. Wednesday luncheon. BY DARREN BARBEE “It’s how we will improve through BY JENNIFER PRESLEY the productivity of our oil sector and magine the oil and gas world as an assembly line, put costs on a downward curve.” t is the ice that burns, and it is more than an industrial Ichurning out cubes of oil and natural gas. Assem- For instance, BP’s Mad Dog Ihazard plugging pipelines. It goes by many names—fire bly lines are efficient. Changes mean swapping out Phase 2 project in the Gulf of Mex- in the ice or fiery ice being two of the more popular descrip- one part—not the entire system. Industrial and avia- ico went through about $10 billion tors. Gas hydrate is the curious clathrate formed by natural tion companies typically cut costs annually. But on the in cost trims, Looney said. gas and water. Found in the Arctic and in the deepwater hydrocarbon conveyor belt, cost efficiency doesn’t seem “This was a $20 billion project, continental margins around the globe, the energy poten- to follow any logical pattern. Bernard Looney and we’ve brought it down to under tial of this other unconventional hydrocarbon is keeping “In oil and gas, specifically the upstream, costs as we $10 billion with expected returns researchers busy unlocking its secrets to better understand know tend to follow oil price and in general have trended improved despite a lower oil price,” he said.
    [Show full text]
  • Wellhead Integrity Monitoring Reference Projects
    DRILLING AND WELL INTERVENTION Wellhead Integrity Monitoring Reference projects 1 Troll, Songa Encourage (2017) | Wellhead integrity monitoring | Statoil Monitoring of wellhead integrity during well intervention of Troll well(s) with Songa Endurance. Ser- vice made through streaming of sensor data from existing sensors on the BOP. 2 Åsgard, Songa Encourage (2017) | Wellhead integrity monitoring | Statoil Monitoring of wellhead integrity during well intervention of Åsgard well(s) with Songa Encourage. Service made through streaming of sensor data from existing sensors on the BOP. 3 Skarv, Songa Enabler (2017) | Wellhead integrity monitoring | AkerBP Monitoring of wellhead integrity during well intervention of Skarv well(s) with Songa Enabler. Service made through streaming of sensor data from existing sensors on the BOP. 4 Verbier, Transocean Spitsbergen (2017) | Wellhead integrity monitoring | Statoil Monitoring of wellhead integrity during drilling of exploration well(s) in UK with Transocean Spitsbergen. 5 Kraken, Transocean Leader (2017-2018) | Wellhead integrity monitoring | EnQuest Monitoring of wellhead integrity during drilling and completion of Kraken well(s) in UK with Transocean Leader. 6 Craster, West Phoenix (2017) | Wellhead integrity monitoring | Nexen Monitoring of wellhead integrity during drilling of exploration well(s) in UK with Transocean Spitsber- gen. 4Subsea offers drilling and well intervention services to extend the life of producing wells. We help operators perform offshore drilling, completion, and intervention operations safely and efficiently. The Drilling and Well Intervention range contains Subsea Wellhead Integrity Monitoring (SWIM™), WellCare™, and Conductor, Wellhead and Riser Analysis. 7 Maria, Deepsea Stav. (2017-2018) | Wellhead integrity monitoring | Odfjell/Wintershall Monitoring of wellhead integrity during drilling and completion of the Maria well with Deepsea Stavan- ger.
    [Show full text]
  • Future Supply of Oil and Gas from the Gulf of Mexico
    Future Supply of Oil and Gas From the Gulf of Mexico U.S. GEOLOGICAL SUltyEY PROFESSIONAL PAPER 1294 Future Supply of Oil and Gas From the Gulf of Mexico By E. D. Attanasi and]. L. Haynes U.S. GEOLOGICAL SURVEY PROFESSIONAL PAPER 1294 An engineering-economic costing algorithm combined with a discovery process model to forecast long-run incremental costs of undiscovered oil and gas UNITED STATES GOVERNMENT PRINTING OFFICE, WASHINGTON : 1983 UNITED STATES DEPARTMENT OF THE INTERIOR JAMES G. WATT, Secretary GEOLOGICAL SURVEY Dallas L. Peck, Director Library of Congress Cataloging in Publication Data Attanasi, E. D. Future supply of oil and gas from the Gulf of Mexico. (U.S. Geological Survey professional paper ; 1294) Bibliography: p. 1. Petroleum in submerged lands Mexico, Gulf of. 2. Gas, Natural, in submerged lands Mexico, Gulf of. I. Haynes, J. (John), 1954- . II. Title. III. Series: Geological Survey professional paper ; 1294. TN872.A5A87 1983 553.2'8'0916364 83-600030 ____ ____________ For sale by the Superintendent of Documents, U.S. Government Printing Office Washington, D.C. 20402 CONTENTS Page Abstract 1 Introduction 1 Engineering-economic model 3 Methodology 3 Engineering data and assumptions 5 Field classification 5 Field design 6 Production schedules of oil and nonassociated gas wells 7 Economic assumptions and variables 8 Field development costs 8 Production costs and production related taxes 9 Assumptions for after-tax net present value calculations 10 Exploration costs 10 Industry behavior and market conditions 10 Forecasting future discoveries 11 Discovery process model 11 Estimated marginal cost functions for undiscovered recoverable oil and gas resources in the Gulf of Mexico 12 Conclusions and implications 16 References cited 16 Appendix A 17 Appendix B 20 ILLUSTRATIONS FIGURE 1.
    [Show full text]
  • 20170809 SUT LWI Introduction.Pptx
    Increased Safety & Efficiency from a Dedicated Light Well Intervention Vessel on Deepwater Subsea Wells A Truly Integrated Service Delivery 09 August 2017 Agenda Introduction to Light Well Intervention Pros and Cons + alternative Latest Generation LWI vessel & equipment Types of Services run Additional Future Services Q&A TechnipFMC Integrated LWI | 2 RLWI History • 440 Wells • 3,350 Wireline Runs 1987: BP first RLWI campaign in the North Sea Mature technology with 28 years of continuous track record Highly efficient and effective Deepest RLWI job: 8,200 ft (2,499m) in 60 1200 58 58 Gulf of Mexico 50 54 1000 49 47 More than 1,300 wells intervened on 40 43 800 38 30 34 600 20 400 17 425 10 13 200 More than 3,300 runs into the well (just 11 by FMC Technologies and Island 0 3 0 Offshore) Sum Wells (all vessels) SUM Wells 2005-2016 Sum days (all vessels) TechnipFMC Integrated LWI | 3 Global LWI Market Source: Quest OffsHore; Infield Systems database North Sea 90% of global subsea Data for global flowing wells @ end 2017 • ExisXng subsea wells: ~2700 • Number of subsea stacks: 6 – wells are in less than TechnipFMC = 3 1500m Asia Pacific Gulf of Mexico • Exisng subsea wells:~950 • Subsea wells: ~1100 • Number of subsea stacks: 2 • Number of subsea stacks: 3 + 3 – 2017 FMC = 1 x 3” – TechnipFMC =1 Brazil • ExisXng subsea wells: ~1700 World total • Number of subsea stacks: • Global Subsea wells: >8000 by 0 West Africa YE 2017 • ExisXng subsea wells: ~1600 • Number of available (large • Number of subsea stacks: 0 bore) subsea stacks; 11 TechnipFMC Integrated LWI | 4 Key Components for RLWI DP2/3 Intervention vessel (+ROVs) Vessel • 100-150M$, 2 yrs lead time Subsea Stack • 30-80M$, 1.5-2 yrs lead time Subsea Stack Mechanical Intervention services • Continually developing; ENABLER for the utilization of subsea non-rig based intervention Mechanical IntervenTon Services TechnipFMC Integrated LWI | 5 5 APAC Integrated, Purpose Built RLWI System 250 T.
    [Show full text]
  • The Economic Impacts of the Gulf of Mexico Oil and Natural Gas Industry
    The Economic Impacts of the Gulf of Mexico Oil and Natural Gas Industry Prepared For Prepared By Executive Summary Introduction Despite the current difficulties facing the global economy as a whole and the oil and natural gas industry specifically, the Gulf of Mexico oil and natural gas industry will likely continue to be a major source of energy production, employment, gross domestic product, and government revenues for the United States. Several proposals have been advanced recently which would have a major impact on the industry’s activity levels, and the economic activity supported by the Gulf of Mexico offshore oil and natural gas industry. The proposals vary widely, but for the purpose of this report three scenarios were developed, a scenario based on a continuation of current policies and regulations, a scenario examining the potential impacts of a ban on new offshore leases, and a scenario examining the potential impacts of a ban on new drilling permits approvals in the Gulf of Mexico. Energy and Industrial Advisory Partners (EIAP) was commissioned by the National Ocean Industry Association (NOIA) to develop a report forecasting activity levels, spending, oil and natural gas production, supported employment, GDP, and Government Revenues in these scenarios. The scenarios developed in this report are based solely upon government and other publicly available data and EIAP’s own expertise and analysis. The study also included profiles of NOIA members to demonstrate the diverse group of companies which make up the offshore Gulf of Mexico oil and natural gas industry as well as a list of over 2,400 suppliers to the industry representing all 50 states.
    [Show full text]
  • Wild Well Global Services Brief
    GLOBAL SERVICES BRIEF 2021 wildwell.com V. 04 LOCATIONS Corporate Office Drilling Technology Center 2202 Oil Center Court Houston, Texas 77073 USA Regional Response Locations UNITED STATES Houston, Texas Odessa, Texas Greeley, Colorado Roaring Branch, Pennsylvania INTERNATIONAL Aberdeen, Scotland Dammam, Kingdom of Saudi Arabia Dubai, UAE Kuala Lumpur, Malaysia Port Harcourt, Nigeria Stavanger, Norway Singapore Well Control Training Centers UNITED STATES Houston, Texas Corpus Christi, Texas Odessa, Texas Tyler, Texas Lafayette, Louisiana Oklahoma City, Oklahoma Casper, Wyoming Williston, North Dakota Canonsburg, Pennsylvania Global Services Brief +1.281.784.4700 // wildwell.com TABLE OF CONTENTS Corporate Overview ..................................................................1 Forensic Studies .....................................................................12 Emergency Response Services ............................................5 Design to Industry Standards ..................................................12 Blowout & Well Control Response ............................................5 Fitness for Purpose Assessment .............................................12 Pressure Control ......................................................................5 Risk Management Services ................................................13 Well Control Engineering Services .......................................6 Well Control Emergency Response Plans ................................13 Blowout Rate Modeling (Worst Case Discharge Analysis)
    [Show full text]
  • How to Solve Your Long Lateral Problems
    A Deep Well Services White Paper in Conjunction with SPE Penn State How to Solve Your Long Lateral Problems Trevor Heyl, Senior Petroleum and Natural Gas Engineering Student at The Pennsylvania State University & Matt Tourigny, VP of Marketing at Deep Well Services www.deepwellservices.com Table of Contents Executive Summary..……………...……………………………………….……….…..….. 2 Challenges with Longer Laterals ……………………………………….…………..……. 2 Existing Solutions ……………………………..…………………………………….….….. 3 Coiled Tubing …….………….….……….…….……………………………………..… 3 Rig-Assist Snubbing Units.……………..………..................................................… 4 Hydraulic Completion Units..….………………………………………………….……..… 5 Cost Comparison ……………………………………………………………………..... 7 HCU Technologies …………………………………………………………………....... 8 Case Studies ……………………………..……..……..………………………….……….. 11 What to Look for in a Solution …….………………………………...…………….…….. 17 Conclusion …………..……………..…..…..….……….……………………………..….... 17 Deep Well Services ………….……..…...……..………………………………………….. 18 Page | 1 Executive Summary Longer laterals impose challenges with current completion methods. The low-price environment in the oil and gas field forces operators to focus on cost-saving methods anywhere practical. Wells with longer laterals have become more prominent in the industry due to their additional contact with the formation, increased productivity and the ability to save money. However, conventional completion methods are a limiting factor due to their decreasing efficiencies with respect to lateral length and problems that thereby
    [Show full text]
  • BP Mad Dog 2
    Mad Dog 2 production pipeline end terminal BP Mad Dog 2 OUR PROJECT Field Information VALUES CLIENT Project at a glance The Mad Dog field is located approximately 190 miles offshore in the Southern Green BP The contract scope awarded to Subsea 7 covers engineering, procurement, Canyon area of the Gulf of Mexico (GOM). Mad Dog is a deep-water field in a water depth construction and installation (EPCI) of the subsea umbilicals, risers and flowlines ranging from approximately 1,370m - 2,200m. Oil reserves have been discovered within Safety (SURF) and associated subsea architecture. the existing Mad Dog field that are outside the reach of the existing Spar drilling rig and Schlumberger OneSubsea, Subsea 7's Subsea Integration Alliance partner, has been therefore new subsea and surface facilities are required to exploit the new reserves. awarded the Subsea Production Systems contract. Source: Modified from BP.com Full project information overleaf Integrity Highlights • First substantial project in the US • Multi-centre project with project Sustainability to use Subsea 7’s Swagelining management and engineering polymer lining technology. taking place in Houston, Texas with • First project to install in-house support from Subsea 7’s Global Performance designed steel lazy wave riser Project Centres in London and Paris. systems. Pipeline fabrication and Liner support supplied from Glasgow, Scotland. • The lazy wave risers will be wet stored onto the seabed and then • Delivered in close collaboration with Collaboration recovered and hung off onto Schlumberger OneSubsea, Subsea 7's the FPU following tow-out and Subsea Integration Alliance partner. mooring. Innovation Our Differentiators Culture Creativity Relationships Reliability Solutions www.subsea7.com© Subsea 7, February 2019.
    [Show full text]
  • Oil and Gas Technologies Supplemental Information
    Quadrennial Technology Review 2015 Chapter 7: Advancing Systems and Technologies to Produce Cleaner Fuels Supplemental Information Oil and Gas Technologies Subsurface Science, Technology, and Engineering U.S. DEPARTMENT OF ENERGY Quadrennial Technology Review 2015 Oil and Gas Technologies Chapter 7: Advancing Systems and Technologies to Produce Cleaner Fuels Oil and Gas in the Energy Economy of the United States Fossil fuel resources account for 82% of total U.S. primary energy use because they are abundant, have a relatively low cost of production, and have a high energy density—enabling easy transport and storage. The infrastructure built over decades to supply fossil fuels is the world’s largest enterprise with the largest market capitalization. Of fossil fuels, oil and natural gas make up 63% of energy usage.1 Across the energy economy, the source and mix of fuels used across these sectors is changing, particularly the rapid increase in natural gas production from unconventional resources for electricity generation and the rapid increase in domestic production of shale oil. While oil and gas fuels are essential for the United States’ and the global economy, they also pose challenges: Economic: They must be delivered to users and the markets at competitive prices that encourage economic growth. High fuel prices and/or price volatility can impede this progress. Security: They must be available to the nation in a reliable, continuous way that supports national security and economic needs. Disruption of international fuel supply lines presents a serious geopolitical risk. Environment: They must be supplied and used in ways that have minimal environmental impacts on local, national, and global ecosystems and enables their sustainability.
    [Show full text]
  • Subsea Sampling Systems MARS Multiple Application Reinjection System Configurations
    Subsea Sampling Systems MARS multiple application reinjection system configurations APPLICATIONS Almost all technical and economic studies in the oil industry require an understanding of the reservoir ■ Production monitoring fluids. MARS* multiple application reinjection system sampling technology enables the capture of ■ Reservoir modeling and management a representative, uncontaminated sample from multiphase flow, in which the sample has the same molecules in the same proportions as the flow at the sampling point where all three phases are ■ Flow assurance in equilibrium. ■ Well intervention ■ Each phase is enriched and captured individually to collect sufficient volume of sample from ■ Subsea processing strategically chosen phase-rich sampling points. ■ EOR ■ No pressure or temperature drop should occur during sampling to maintain equilibrium BENEFITS between phases. ■ Enables representative subsea sampling ■ Each phase is captured and physically or mathematically recombined for reservoir fluids properties. throughout life of field ■ Mitigates risk and enhances flow assurance management ■ Optimizes multiphase flowmeter calibration and performance ■ Increases production and recovery rates ■ Reduces capex FEATURES ■ Flexibility for integration into subsea hardware and for various sampling applications ■ Three-phase representative sampling from multiple wells in a single dive ■ Phase detection and enrichment ■ Complete chain of custody throughout sample journey ■ Proven technology ■ Ideal solution for greenfield architecture ■ Retrofit
    [Show full text]
  • 01-09-18 OII Goldman Sachs PPT Handout
    Connecting What’s Needed with What’s Next™ Rod Larson President and CEO Goldman Sachs Global Energy Conference January 9, 2018 Miami, FL Forward-Looking Statements Statements we make in this presentation that express a belief, expectation, or intention are forward looking. Forward-looking statements are generally accompanied by words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “plan,” “forecast,” “budget,” “goal,” or other words that convey the uncertainty of future events or outcomes. These forward-looking statements are based on our current information and expectations that involve a number of risks, uncertainties, and assumptions. Among the factors that could cause the actual results to differ materially from those indicated in the forward- looking statements are: industry conditions, prices of crude oil and natural gas, our ability to obtain and the timing of new projects, and changes in competitive factors. Should one or more of these risks or uncertainties materialize, or should the assumptions underlying the forward-looking statements prove incorrect, actual outcomes could vary materially from those indicated. For additional information regarding these and other factors, see our periodic filings with the Securities and Exchange Commission, including our most recent Reports on Forms 10-K and 10-Q. 2 Why Oceaneering? § Global integrated technology solutions provider of diversified services and products in all phases of the offshore oilfield life cycle § Strong market positions § Solid balance sheet
    [Show full text]